other material
confidence high
sentiment negative
materiality 0.60
BOXABL Inc.: auditor change — BOXABL replaces Marcum with CBIZ CPAs as auditor; prior audit had going concern qualification and material weakness
BOXABL Inc.
- On May 1, 2025, BOXABL engaged CBIZ CPAs as its independent auditor for FY2025, replacing Marcum LLP.
- Marcum's FY2024 audit report included an explanatory paragraph about substantial doubt regarding BOXABL's ability to continue as a going concern.
- During FY2024, a material weakness was identified related to ineffective IT general controls and significant personnel turnover.
- No disagreements or reportable events occurred with Marcum except the reported material weakness.